The end of contingency fees?

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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

Recommended

In brief: Deans Court Chambers

Deans Court Chambers in Manchester has moved to new premises. The set is now at a newly restored building at 24 St John Street. It was previously based in Cumberland House, Crown Square.

Flotations

White & Case advised Israeli technology company Supercom in its US$32m initial public offering on Easdaq, the pan-European market affiliated with Nasdaq. The White & Case team, which included London partners Ian Clark and David Eisenberg and Brussels partner Werner Vanderhaeghe advised on the US, English and Belgian law aspects of the deal. KBC Securities, […]

Theodores chief steps down over high workload

Theodore Goddard’s managing partner Peter Kavanagh has relinquished his position half way through his term because of the overwhelming workload. Kavanagh, who officially took over the post in May 1997, will return to his fee-earning role in the firm’s corporate group. Kavanagh says: “The basis on which I had agreed to take on the role […]

Linklaters muscles in on Denton Hall's Sainsbury's work

Denton Hall’s exclusive agreement with Sainsbury’s has come to an end after the retail giant appointed Linklaters & Alliance to its panel. According to David Thurston, head of legal at Sainsbury’s, Denton Hall will continue to be the company’s main legal adviser but Linklaters has been appointed to take a slice of corporate work. Thurston […]

In brief: Berrymans Lace Mawer

Berrymans Lace Mawer and Dibb Lupton Alsop have been appointed to the legal panel for the newly formed North West Development Agency. They join Addleshaw Booth & Co and Eversheds on the panel that will advise on investment and regeneration projects covering the region, which stretches from Cumbria to Cheshire. Dibbs was formerly on the […]

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